Sol looks to be rejecting resistance here, which sets it up for a large move lower.
I think it's likely that unless price can flip the resistance above as support, that we revisit the support levels.
Pretty simple chart. All of crypto looks the same, look out below.
I think it's likely that unless price can flip the resistance above as support, that we revisit the support levels.
Pretty simple chart. All of crypto looks the same, look out below.
Note
I do think that there could be a pop up to $202 or so to pull in more bulls, but outcome will still be the same.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.